

Japan introduces innovative 3D banknotes to combat counterfeiting
Japan launched its first new banknotes in 20 years on Wednesday, featuring innovative three-dimensional portraits to combat...
Jul 4, 2024


EY’s major investment to shape future of accounting in SG
EY Singapore announced a SGD100m (USD74m) investment over five years to enhance its talent development initiatives and increase the...
Jul 2, 2024


Hong Kong and PBOC to enhance cross-border remittances
Hong Kong’s monetary authority is set to collaborate with the People’s Bank of China (PBOC) to enhance cross-border remittance services,...
Jul 2, 2024


Natixis CIB forms strategic alliance with Woori Bank in Seoul
Paris-based Natixis Corporate & Investment Banking (Natixis CIB) has formed a strategic alliance with Korea’s Woori Bank following the...
Jun 28, 2024


HKIFA’s 17th conference focuses on empowerment, change
The HKIFA 17th Annual Conference took place on June 24, featuring the theme “Em–,” which signifies the industry’s new chapter with ideas...
Jun 25, 2024


UBS sells partial stake in China venture to BSAM
UBS is selling a partial stake in one of its securities joint ventures to Beijing State-owned Asset Management (BSAM) as it consolidates...
Jun 25, 2024


Singapore-Cambodia financial network launched
The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) announced the Financial Transparency Corridor (FTC)...
Jun 20, 2024


Trafigura tops inaugural Southeast Asia Fortune 500 list
Commodity trader Trafigura topped the inaugural Southeast Asian edition of the Fortune 500 list with USD244bn in sales, despite a recent...
Jun 19, 2024


Citi launches commercial bank in Japan
New York-based Citi has launched Citi Commercial Bank (CCB) in Japan to expand its commercial banking coverage. CCB will focus on...
Jun 18, 2024


HSBC becomes majority shareholder in China fund venture
HSBC has agreed to buy part of its partner’s stake in a China fund venture, becoming the majority shareholder and expanding in the...
Jun 14, 2024


Vietnam sees surge in securities accounts opening in May
In Vietnam, May saw a resurgence in the number of new securities accounts, with 132,010 opened, predominantly by domestic investors,...
Jun 10, 2024


HK digital insurer plans premium increase
Virtual insurer Bowtie announced an increase in premiums this year due to Hong Kong’s medical inflation, which typically ranges from 8 to...
Jun 3, 2024


Shanghai debuts tourist-friendly payment solutions with major card firms
Ant Group and Mastercard, alongside 12 overseas payment partners of Alipay+ and other major card organisations, announced the launch of...
Jun 3, 2024


AIA Group affirms commitment to Hong Kong headquarters
Edmund Tse Sze-wing, the independent non-executive chairman of AIA Group, emphasised that the insurer will not relocate its headquarters...
May 29, 2024


Market veteran Chang Sun: No investment is immune to losses
Chinese market veteran Chang Sun Qiang, managing partner for TPG China, emphasised that no investment asset is immune to losses....
May 22, 2024


South Korea’s Woori Bank to develop QR payment system with Cambodia
South Korean lender Woori Bank has partnered with the National Bank of Cambodia to develop a cross-border quick response (QR) code...
May 21, 2024


Zurich Malaysia partners with Aeon Bank for digital takaful
Zurich Malaysia, through Zurich Takaful Malaysia Berhad (ZTMB) and Zurich General Takaful Malaysia Berhad (ZGTMB), has partnered with...
May 20, 2024


Vietnamese fintech MFast launches in the Philippines
Vietnamese fintech firm MFast has launched in the Philippines to provide financial products. Led by Carolyn Rose G. Lao, an industry...
May 14, 2024


HK to host third global financial leaders’ summit in November
Hong Kong will host the third annual Global Financial Leaders’ Investment Summit from November 18 to 20, as reported by the SCMP...
May 9, 2024


Hanwha Life acquires 40% stake in Indonesia’s Nobu Bank
Hanwha Life, part of South Korea’s Hanwha Group, has acquired a 40% stake in Indonesia’s Nobu Bank, marking its first venture into the...
May 8, 2024

